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    400 Cecil St Durham, NC 27707

    For Sale
    $130,000

    Land for sale in Durham's growing Spaulding Community.

    Property Features for 400 Cecil St

    General Information

    Standard status
    Active

    Source: EXP REALTY, LLC #2 Agent KELI WATSON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Parcel in Durham Community

    This is an exceptional opportunity to acquire a land parcel located in Durham's historic Spaulding Community. The generous size of the site provides flexibility for various development plans. The location is within minutes of downtown Durham's amenities, offering an opportunity to invest in a growing and vibrant community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9039709
    Latitude
    35.9708151

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    FAQs

    What type of property is this?
    Land - Land for sale in Durham's growing Spaulding Community.
    Where is this land located?
    The property is located at 400 Cecil St Durham, NC.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Generous site size allows flexibility for development plans.; - Located in Durham's historic Spaulding Community.; - Minutes from downtown Durham's amenities.
    Request Owner's contact information
    400 Cecil St Durham, NC 27707
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    Durham, NC 27707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 Cecil St Durham, NC 27707
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